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Neptune Digital Assets (CVE:NDA) Trading 19.4% Higher - Should You Buy?

Neptune Digital Assets logo with Financial Services background

Key Points

  • Neptune Digital Assets Corp. shares experienced a significant increase of 19.4% in trading, reaching a high of C$1.31 before closing at C$1.17.
  • The trading volume surged to approximately 1,033,394 shares, which is a 49% increase compared to the average daily volume.
  • Neptune Digital Assets focuses on digital currency infrastructure including Bitcoin mining, cryptocurrency staking, and decentralized finance investments.
  • Five stocks we like better than Neptune Digital Assets.

Neptune Digital Assets Corp. (CVE:NDA - Get Free Report) shares were up 19.4% on Wednesday . The company traded as high as C$1.31 and last traded at C$1.17. Approximately 1,033,394 shares changed hands during trading, an increase of 49% from the average daily volume of 695,207 shares. The stock had previously closed at C$0.98.

Neptune Digital Assets Stock Performance

The stock has a market capitalization of C$155.05 million, a P/E ratio of -122.00 and a beta of 2.18. The stock's fifty day simple moving average is C$1.24 and its two-hundred day simple moving average is C$1.46.

Neptune Digital Assets Company Profile

(Get Free Report)

Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.

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